Are we still the Motor City? Despite undeniable challenges, the answer is still 'yes'.The declining market share and financial health of the automotive manufacturers and their OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and suppliers has been the focus of a lot of local and national press of late. We are kept up to date on GM's burdensome health-care and retirement costs and Toyota's unrelenting climb in market share. We are not kept so up to date, however, on how all this is affecting the Detroit Detroit, city, United States
Detroit (dĭtroit`), city (1990 pop. 1,027,974), seat of Wayne co., SE Mich., on the Detroit River and between lakes St. Clair and Erie; inc. as a city 1815. Region's economy and our legacy as the Automotive Capital of the World.
Michigan's current share of U.S. car and truck production is a little over 22 percent. Ten years ago, Michigan's share of production was nearly 26 percent. While not a positive trend, these figures may still surprise many people. With so much press concentrated on the "transplants Transplants are an American punk rock/rap rock supergroup. They formed in 1999 when Tim Armstrong of the band Rancid played his friend and roadie Rob Aston some beats he had made using Pro Tools and asked Rob if he would consider contributing lyrics. " building new assembly plants in the Southeast, it may come as a surprise that Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). still produces more cars than any other state, and in fact, the Detroit Region by itself still produces more cars than any other state in the nation.
Manufacturing employment has declined 17 percent over the last 10 years in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 24 percent in the Detroit Region. But it's it's
1. Contraction of it is.
2. Contraction of it has. See Usage Note at its.
it's it is or it has
it's be ~have interesting to note that while there are 42,000 fewer manufacturing jobs today than 10 years ago, a greater percentage of the remaining jobs are in the auto industry. Ten years ago, 47 percent of our region's manufacturing jobs were in transportation equipment (aka the auto industry) but today that number has actually grown to 50 percent.
In 1997, the manufacturing of cars and car parts made up 10 percent of Michigan's Gross State Product and in 2003 that number remained unchanged. And when adjusted for inflation, the portion of the state's GSP GSP Good Scientific Practice
GSP Generalized System of Preferences
GSP Gross State Product
GSP German Shorthaired Pointer (dog breed)
GSP Geometer's Sketchpad (KTP Technologies geometry software)
GSP Georges St. that is represented by auto manufacturing has grown by 8 percent since 1997.
One doesn't does·n't
Contraction of does not. have to be an economist to understand why so many new assembly plants are being constructed in the Southeast. Non-unionized manufacturing plants compensate their employees an average of $9.58 an hour less than in unionized states. As unions continue to make concessions and non-unionized plants struggle to attract a skilled workforce, some interesting things are happening though. In the last five quarters alone, compensation rates (wages and benefits) in unionized manufacturing plants have only increased 0.5 percent, while non-unionized plants have increased their employees' compensation by 6 percent. In just 5 quarters, the difference between the compensation rates of union and non-union plants has decreased by $1.27 per hour.
There's more to the auto industry than production however--and this is what separates the Detroit Region from the rest of the country. Times have changed and the automobile is now the most technologically advanced consumer product. It takes a lot of brainpower brain·pow·er
1. Intellectual capacity.
2. People of well-developed mental abilities: a country that doesn't value its brainpower.
Noun 1. these days to conceive conceive /con·ceive/ (kon-sev´)
1. to become pregnant.
2. take in, grasp, or form in the mind.
1. To become pregnant.
2. , design and execute the modern automobile, and that brainpower is increasingly located in the Detroit Region.
The American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of auto companies increasingly do business with foreign OEM suppliers, most of which have found it necessary to locate a technical facility of some sort in the region. Couple this with the auto companies' growing trend to pass more research-and-development responsibilities down to their suppliers, and you have the makings for an automotive technology Noun 1. automotive technology - the activity of designing and constructing automobiles
engineering, technology - the practical application of science to commerce or industry hub rivaled only by Frankfurt, Germany. The Detroit Regional Chamber maintains a database of these technology centers, and to date there are 188 locations in the database with more still to be identified. This is why Michigan is the No. 1 state for vehicle-related R & D and also No. 1 in industrial R & D intensity (the ratio of R & D dollars to Gross State Product).
In so many ways, the battlefront to maintain market share is right here in the Detroit Region. Yes, this creates many challenges for our economy but so many opportunities as well.
Melissa Armstrong is senior director of Research & Information at the Detroit Regional Chamber and Detroit Regional Economic Partnership.
Top States for Car & Truck Production, 2004 TOTAL MOTOR STATE CARS TRUCKS VEHICLES Michigan 1,259,177 1,339,244 2,598,421 Ohio 797,009 943,622 1,740,631 Missouri - 1,226,300 1,226,300 Kentucky 504,329 658,352 1,162,681 Indiana 105,550 664,194 769,744 Tennessee 417,781 280,736 698,517 SOURCE: Automotive News Gross State Product for Motor Vehicle & Parts Manufacturing (1997 dollars) YEAR GSP 1997 $29,519,000 1998 $29,624,000 1999 $32,565,000 2000 $33,474,000 2001 $28,967,000 2002 $30,487,000 2003 $31,771,000 SOURCE: U.S. Bureau of Economic Analysis